SGSS creates a UCITS turnkey solution for asset managers
SGSS launches a turnkey solution to enable asset management companies and third party managers to create, manage and promote UCITS funds.
Societe Generale Securities Services (SGSS) launches a turnkey solution to enable asset management companies and third party managers to create, manage and promote UCITS funds.
This solution is aimed at asset managers globally who do not want, or have the possibility of creating a UCITS registered asset management firm, to benefit from the UCITS label by offering a Luxembourg legal structure that fulfils European regulations. The UCITS label enables asset managers to distribute UCITS funds in every member country of the European Union. It also offers guaranties of transparency, risk control and liquidity for investors.
To create this fund, SGSS benefits from Societe Generale Private Wealth Management*'s expertise which meets all regulatory requirements needed to manage UCITS funds and that enables clients to get the European label that gives them access to fund distribution throughout the entire zone.
In addition, asset management clients benefit from SGSS' expertise as a European securities services leader providing domiciliation, fund administration, custody and transfer agent services for their funds.
This integrated and comprehensive solution offers each client the assurance of automated and proven operational processes as well as an ongoing and performing risk monitoring.
* Asset manager in Luxembourg.